Announced
Financials
Sources
Tags
Domestic
Completed
United States
Specialty Chemicals
agriculture chemicals
Acquisition
Majority
Private
Disposal
Friendly
Single Bidder
Synopsis
AgroFresh Solutions, a post-harvest solutions provider, completed the acquisition of Pace International, a chemical manufacturer, from Valent BioSciences, a biotechnology company. Financial terms were not disclosed. “This acquisition enables us to take another important step towards our vision— to be regarded by customers as the post-harvest partner of choice. We are excited to bring the combined portfolios, technical expertise, and services of both companies to customers. Bringing together our two companies allows us to better address the complete needs of customers across a broad array of crops, markets and at every step in the fresh supply chain, ultimately helping customers produce and deliver an abundant supply of quality fresh produce, sustainably," Clint Lewis, AgroFresh CEO.
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